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A bond has a par value of $1,000 and currently sells in the market for $1019.83 The bond makes semi-annual interest payments of $40 each

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A bond has a par value of $1,000 and currently sells in the market for $1019.83 The bond makes semi-annual interest payments of $40 each and has 5 years remaining until maturity. What is the bond's current yield? Go out three decimals-for example, write 64% as 064

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